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Cornish beach sold for £30,000 | |
(about 3 hours later) | |
A stretch of beach in Cornwall has sold at auction for £30,000. | |
The 17-acre sand and pebble beach is near Plaidy Beach, east of Looe, and overlooks Looe Island. | The 17-acre sand and pebble beach is near Plaidy Beach, east of Looe, and overlooks Looe Island. |
It is unusual for beaches to be sold privately but this is the second such sale in Cornwall this year after Upton Towans beach in Gwithian. | It is unusual for beaches to be sold privately but this is the second such sale in Cornwall this year after Upton Towans beach in Gwithian. |
The auctioneers said the successful bidder was British but not local and they would not be allowed to build on the land or make it private. | |
The beach does not have any buildings on it, does not generate any income, and is overlooked by several houses. | The beach does not have any buildings on it, does not generate any income, and is overlooked by several houses. |
Richard Argles, from the auctioneers Colliers CRE, called it a "trophy purchase" because the new owner is not allowed to do anything with the land. | |
He said: "We sold Upton Towans earlier this year, before that we last sold a beach 20 years ago so it's very rare." | He said: "We sold Upton Towans earlier this year, before that we last sold a beach 20 years ago so it's very rare." |
The 76-acre Upton Towans beach fetched £80,000 at auction in July 2009, although bidding started at £50,000. | The 76-acre Upton Towans beach fetched £80,000 at auction in July 2009, although bidding started at £50,000. |